827 N State Street,Jackson, MS 39202
Jackson, MS 39202
Description
City View Apartments, a fully occupied, 24-unit multi-family asset ideally positioned in the heart of Jackson's most dynamic urban corridor. This four-story, elevator-served community represents a rare, stabilized investment opportunity with institutional-quality finishes, strong infrastructure fundamentals, and a recession-resistant tenant base driven by one of the Southeast's most powerful concentrations of healthcare, higher education, government, and professional employment. Situated directly on N. State Street, the property is surrounded by major demand generators including UMMC, Baptist Medical Center, Millsaps College, Mississippi College School of Law, Belhaven University, and the Mississippi State Capitol. This location provides ample convenience for professional tenants looking for an area that offers entertainment, recreational parks and trails in close proximity to work. City View Apartments is a beautifully renovated, four-story mid-rise featuring 24 upgraded residential units currently at 100% occupancy. The property has been meticulously maintained and offers residents a premium urban living experience in the heart of multiple entertainment districts. Unit Interiors: Renovated units feature luxury vinyl plank (LVP) flooring and tile-wrapped shower surrounds, reflecting a thoughtful renovation program that attracts and retains quality, long-term professional tenants. Secured Parking: Tenants enjoy private gated parking with fob-controlled access a highly valued amenity for the professional renter demographic this location commands, and a meaningful competitive differentiator in the urban core submarket. Building Systems: The property is equipped with a passenger elevator, LED lighting throughout for energy efficiency, and comprehensive security lighting. These features reduce operating expenses and enhance resident safety and satisfaction. Roof Major Capital Item Addressed: A new roof coating was professionally applied in May 2026, backed by a 15-year unlimited warranty. This substantially reduces near-term capital expenditure risk for the incoming investor and reflects the current ownership's commitment to long-term asset preservation.
Details
| MLS # | 4152159 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 110 |
| Listing Provided By | Madison Properties, Inc. | Rimes H Dinkins |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 23,220 |
| Units | 24 |
| Acreage | 0.53 |
| Water Front | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central, Natural Gas |
| Interior Features | Elevator, Walk-In Closet(s) |
| Furnished | No |
| Appliances | Cooktop, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Oven, Refrigerator, Water Heater |
Exterior
| Exterior Features | Private Entrance |
|---|---|
| Roof | Other |
| Security Features | Gated Community, Security System, Smoke Detector(s) |
| Construction Materials | Stucco |
| Foundation Details | Concrete Perimeter, Slab |
| Lot Features | Fenced |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Assigned |
Utilities
| Utilities | Natural Gas Available, Sewer Available, Natural Gas in Kitchen |
|---|
Taxes
| Property | 38312 |
|---|
Area Information
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39202 |
| Area | Hinds |
| Community Name | City View |
| School District | Other |
| Elementary School | Other |
| High School | Other |
| Listing VS Median (in City View) | |
Price: $3,250,000 low | high Med: $3,250,000 sqft: 23,220 low | high Med: 23,220 $ / sqft: $140 low | high Med: $140 On site: 110 low | high Med: 110 | |
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Learn More About This Property
| State | MS |
|---|---|
| County | Hinds |
| City | Jackson |
| Zip Code | 39202 |
| Area | Hinds |
| Community Name | City View |
| School District | Other |
| Elementary School | Other |
| High School | Other |
| Listing VS Median (in City View) | |
Price: $3,250,000 low | high Med: $3,250,000 sqft: 23,220 low | high Med: 23,220 $ / sqft: $140 low | high Med: $140 On site: 110 low | high Med: 110 | |